United States


Overseas costs drag on profits at Domino's Pizza; shares slide


Rising overseas costs, particularly in Norway, overshadowed an improvement in sales at Domino's Pizza Group , pushing first-half pre-tax profit down almost 10 percent and sending the company's shares to an 11-month low.

Norway demands Israel explain seizure of boat bound for Gaza

OSLO Norway has asked Israel to explain the legal grounds for detaining a Norwegian-flagged fishing boat seized while activists tried to sail with aid to the Gaza Strip, Norway's foreign ministry said on Tuesday.

World, Israel Jul 31 2018

Norway wealth fund buys logistics real estate in California

OSLO Norway's sovereign wealth fund, the world's largest, has bought a logistics property in the U.S. state of California with its property partner Prologis, it said on Thursday.

Jul 19 2018

Exclusive: Lockheed F-35 jet price falls 6 percent to below $90 million - sources

FARNBOROUGH, England The United States has struck a preliminary deal to buy F-35 jets from Lockheed Martin worth about $13 billion, clearing the way for a larger multi-year purchase that aims to bring the cost per jet down to $80 million by 2020, sources said.

Norway renews NATO spending pledge as Trump's defense chief visits

OSLO Norway, described by U.S. President Donald Trump as NATO's "eyes and ears" in the north, recommitted itself to lifting its defense spending to meet NATO targets during talks on Saturday with Trump's defense secretary.

World Jul 14 2018

Oil rises but declines for the week as supply concerns ease

NEW YORK Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.

Jul 13 2018

Oil rises on supply disruptions, large U.S. crude stock drawdown

NEW YORK Oil rose on Tuesday, supported by a larger-than expected U.S. stock draw and supply concerns in Norway and Libya, though gains were tempered by the United States' indication that it would consider requests for waivers from Iranian oil sanctions.

Jul 10 2018

Norway denies holding up Tesla move to improve service

OSLO Norway has rejected a suggestion it is holding up Tesla's efforts to improve service in its third-biggest market, saying the electric carmaker has not yet applied to use the mobile service vans it says it needs to solve its problems.

Jul 09 2018

Metal fatigue caused fatal Airbus helicopter crash: Norway final report

(Corrects this of July 5 story to remove CHC ownership reference in paragraph three.)

World, Jul 06 2018

Metal fatigue caused fatal Airbus helicopter crash: Norway final report

OSLO The crash of an Airbus Super Puma helicopter that killed all 13 people aboard was the result of metal fatigue in its gearbox, Norway's Accident Investigation Board (AIBN) said in its final report on Thursday, confirming past findings.

World, Jul 05 2018